The Huge Costs Of Bribery
Aziz Rahman looks at the case of Petrofac, explains how bribery can ruin a company and emphasises what must be done to prevent it.
Al Rowaad is Available Around the Clock 24/7
Al Rowaad Advocates is also pleased to announce it is now even easier to access our team of legal experts in Abu Dhabi and Dubai at any time. We understand that legal emergencies can happen at any moment, so we have created two round-the-clock services through which you can reach us.
Cross-border Investigations
The huge Petrobras bribery scandal has engulfed companies in many countries. Syedur Rahman and Nicola Sharp explain what needs to be done if your company is investigated in more than one country.
Corruption: How To Defend Yourself
Aziz Rahman outlines why allegations of corruption in football should act as a warning to everyone in business about the need to prevent wrongdoing.
Dubai Court Rejects Extradition Request for ‘Wanted’ Russian Woman
A Russian woman, wanted for fraud in her country, will not be extradited after Dubai Courts rejected the request.
The Austrian Law on the Responsibility of Associations: New tendency to prosecution authorities to t
The Austrian Law on the Responsibility of Associations (Verbandsverantwortlichkeitsgesetz, "VbVG") came into effect in 2006, stipulating that a company can be held criminally liable for certain criminal acts committed by its employees and decision-makers. According to new tendencies of prosecution authorities, the practical scope of the VbVG could expand in the future. read more…
Should NZ recognise blockchain signatures and smart contracts in our Electronic Transactions Act?
The State of Arizona has passed a ground-breaking law confirming that smart contracts and blockchain-based signatures have the protection of its Electronic Transactions Act.1
Looking for Tax Incentives? Make sure you comply
13 Jun 2017 at 04:00 / NEWSPAPER SECTION: BUSINESS Looking for Tax Incentives? Make sure you comply Tax incentives can be as sweet as honey, but making a mistake in compliance, inadvertently or otherwise, can leave a taste as bitter as gall. Corporate taxpayers have learned this painful lesson in light of court rulings on …
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Significant adjustments to Insolvency Law in Austria
The Insolvency Law Amending Statute of 2017 (Insolvenzrechtsänderungsgesetz 2017, IRÄG 2017) was adopted by the Council of Ministers at the end of March and is currently in the process of being reviewed. The reform is due to enter into force on 1 July 2017 and contains significant innovations. Its primary objective is to facilitate the …
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Increased Liability for Real Estate Agents in Austria
Pursuant to the Austrian Broker Act (Maklergesetz), a broker has to fairly and diligently protect their principal's interest. Until a very recent judgment of the Austrian Supreme Court (Oberster Gerichtshof), courts have taken a very lenient stance on the liability of real estate agents. The judgment of the Supreme Court of 24 Jan 2017, however, …
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